As one of Cardiff’s largest letting and estate agencies, we receive many calls and e-mails asking questions about the new Rent Smart Wales legislation. Make today the day you find out more…
Yes. HMO licensing and Rent Smart Wales are two entirely different pieces of legislation, so holding a HMO license does not alter the requirements put on landlords by Rent Smart Wales.
To register: £33.50
To obtain a licence: £144
These are online prices. Postal applications cost more.
Registration is simple, but in order to obtain a licence you’ll first need to complete specific training relating to your duties and requirements as a landlord. This training is classroom-based or available online. The training can be done through Rent Smart Wales themselves or their approved training providers – costs vary.
No, just those located in Wales.
Yes, but you can make one joint registration, so there’s no need to do one each.
As your mum is the owner, she needs to register, but she won’t need a licence because she doesn’t appear to carry out any form of letting or management duties. Assuming you perform these duties instead, you will need a licence. However, as you’re not the owner, you’re classed as an letting/estate agent, so will need an agent licence rather than a landlord licence.
You’ll still need to register (at a cost of £33.50), but you won’t need to do any training or obtain a licence, so there’s a considerably saving to be made in both money and your time. Not only that, but the full management service will save you a lot of hassle!
For free, bespoke advice on your own landlord situation, please call or e-mail us: 02920 668585 | firstname.lastname@example.org.
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